Ankr Network (ANKR)

Overview

Ankr provides a computation-resource-efficient blockchain and an integrated data feed system leveraging both cryptographic primitives and trusted hardware.

Project stage

Only a whitepaper

Detailed description

Cloud Computing is projected to be a trillion dollar market, yet it is monopolized by some of the largest tech conglomerates in the world. Only these giants can afford the high human capital cost and upfront server costs, but this only results in a higher margin for customers.

Current Cloud Computing platforms lack incentives model for people to contribute their resources.

Ankr's innovations include:

Proof of Useful Work (PoUW) Consensus Protocol

Distributed Cloud Computing (DCC) Platform

Seamless interface of oracle service

Multi-chain structure supporting consortiums

Ankr Network proposes a novel blockchain solution that addresses the current barrier to mass business adoption:

With this piece of technology, Ankr is able to bridge the gap between the real world and the blockchain. The Ankr's permissionless blockchain framework can support an ecosystem of decentralized autonomous applications. We envision that these applications include global P2P payment system, personal credit system, and most importantly, tokenization of real-world assets that were once illiquid (sublease rental contract, real estate ownership, art piece, wine, etc.).

Problem

Cloud Computing is projected to be a trillion dollar market, yet it is monopolized by some of the largest tech conglomerates in the world. Only these giants can afford the high human capital cost and upfront server costs, but this only results in a higher margin for customers.

Current Cloud Computing platforms lack incentives model for people to contribute their resources.

Solution

Ankr Blockchain is a revolutionary multi-chain and useful-work based blockchain with native authenticated data feed. Ankr Blockchain provides an innovative solution to the following problems:

Proof of Useful Work (PoUW) allows for a self-sustainable blockchain framework with the potential to unlock idle computing power around the world, forming a decentralized super-CPU

Additional links

Token details

Token symbol
? Token symbol — a shorten token name. It is used during an ICO and after the coin listing at the cryptocurrency exchanges. :ANKR

Fundrasing target ? Fundraising target — the maximum amount of funds to be raised during an ICO. When it is reached, the developers stop selling the tokens because they do not need to raise more money for the project development. : 15,950,000 USD

Token type ? Token type — a platform for a startup launch that influences the stability of blockchain operation, the speed of transactions and the fees. :Ethereum (ERC20)

Soft cap ? Soft cap — the minimum amount of funds to be raised for the project development. Sometimes when the soft cap has not been reached, the money is returned to the participants. : NA

Role of token ? Role of Token — type of token depending on the opportunities it offers to its owner. Utility tokens give their owners a right to use the project services, security tokens are aimed at bringing profit, and currency tokens are a money substitute. :Utility token

Total supply ? Total supply — a total amount of tokens that will be released by the developers. :10,000,000,000 ANKR

Escrow agent ? Escrow agent — a qualified agent who has the right of signature in a multisig wallet. An escrow agent participates in an ICO, monitors the financial operations of the developers and confirms their fairness. :No

Tokens for sale ? Tokens for sale — the number of tokens offered to the participants of an ICO. :NA

Whitelist ? Whitelist — a list of participants, who get an opportunity to buy tokens. To be whitelisted, you need to register on time because the number of participants and the registration period are usually limited. :Whitelist Open(Start Jul 30, 2018)

Additional emission ? Additional emission — an additional release of tokens. It can be done once after the crowd sale or on an ongoing basis. In the projects with a limited emission there is no additional emission. :No

Exchange listing ? Exchange listing — an assumed date when the token will be listed at a cryptocurrency exchange. The developers usually indicate it in a roadmap and a white paper. :NA

Accepting currencies ? Accepting currencies — cryptocurrencies and fiat currencies that can be used for buying the project tokens. :ETH,

Can't participate ? Can't participate — the countries where it is prohibited to buy tokens. These can be countries where ICOs are prohibited altogether, or countries that have the requirements that a particular project does not meet. :China, USA,

Know Your Customer (KYC) ? Know Your Customer — a verification procedure for ICO participants, during which the developers can ask for personal data, a photo and a scanned copy of a passport of a potential investor. :No

Advisors

Roadmap

Q4 2017 - Q1 2018

Project Research

Apr 2018

Proof of Concept

May 2018

Private sale

Jun 2018

Whitepaper Release

Jul 2018

Prototype Release

Activity

Social

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